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Risk Off as Pessimism Reigns; Trouble in Korea Adds to Woes

posted by Avatar FXTimes 913 days ago in USD, JPY, Sentiment

The USD and JPY rose on safe haven flows as investors worried about euro-zone debtloads and a deadly exchange of fire between North and South Korea. Equties fell for another day, and the Yen saw very strong swings against European and commodity currencies. The currency environment suggests this mood in financial markets will continue.
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